Introduction
Fxonic offers innovative trading platforms, aiming to build long-standing relationships with its users. Thanks to a wide choice of markets offered by this broker, on top of competitive trading terms, it seems like the broker can fit the broader public, especially those interested in exploring the markets for the first time.
Working with Fxonic means trading backed by multiple security features. Also, users have access to fast support via live chat, which they can use to learn more about the broker. This review will share some key insights into what the company has to offer.
Trading the largest markets
With currency pairs, stocks, indices and commodities part of its offering, Fxonic should be regarded as a multi-asset provider. This is an edge for modern traders who prefer to monitor broad markets, instead of focusing on a slim list of instruments. For example, you can trade on gold price, popular U.S. shares and some of the leading FX pairs.
Moreover, the company designed a competitive cost structure, aiming to ensure its users benefit from tight spreads and swaps. Such financial derivatives are efficient when trading on short-term price movements. Execution is also something that should not be overlooked by traders, but with Fxonic that’s handled successfully, mainly thanks to the proprietary trading software that the brand provides.
Custom-made platforms
Web Trader is a new trading platform built in-house by Fxonic, incorporating a very user-friendly interface. Traders can quickly search through the assets list, customize charts with tens of indicators and choose from multiple order types. Managing risk by placing a stop loss or take profit order is another feature worth noting.
Mobile Trader is your second platform of choice, optimized mainly for mobile devices such as tablets and phones. Even when trading on a smaller screen, you can still see the latest price changes, so that you are not caught off-guard by an unexpected development. Trading on the go is something traders need to keep in mind, given the elevated market uncertainty.
Multiple accounts
Fxonic has claimed from the start that its goal is to serve a diverse audience of people who wish to trade online. A ‘one-size-fits-all’ approach would not make sense in this case, and that might be the reason why there are 4 different accounts (Basic, Gold, Platinum and VIP) available with this broker right now.
Several benefits pop up when looking at the table. First, getting started with a live Basic account is relatively cheap, with a $250 deposit requirement. Daily market analysis, market reviews and discounts on swaps are just some of the advantages on the list.
This broker accepts payments via credit or debit cards, bank wires and wallet transfers. Withdrawal requests are processed relatively fast as long as you have enough equity in your account and you’ve completed the verification procedure.
Ending thoughts
Fxonic comes to the market with a customer-friendly offering. Their ecosystem makes sense even if you don’t have years of trading experience. When you visit their website, the live chat window will pop up right away, so it’s possible to engage with one of their representatives to find out more about the core trading conditions.
Fxonic overview
Product Name: Fxonic
Product Description: Fxonic offers innovative trading platforms, aiming to build long-standing relationships with its users. Thanks to a wide choice of markets offered by this broker, on top of competitive trading terms, it seems like the broker can fit the broader public, especially those interested in exploring the markets for the first time
Brand: Fxonic
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Trading Platform
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Accounts
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Customer Satisfaction
Summary
Fxonic comes to the market with a customer-friendly offering. Their ecosystem makes sense even if you don’t have years of trading experience. When you visit their website, the live chat window will pop up right away, so it’s possible to engage with one of their representatives to find out more about the core trading conditions.